Proteans in 2008 Global Outsourcing 100 sub-lists

Bangalore, India - May 6, 2008: Proteans Software Solutions (a CAMO Group Company), today announced that it has been named to the “Leaders” category of the 2008 Global Outsourcing 100 ranking. Proteans captures 3 spots of the Global Outsourcing 100 sublists.

Top 10 Rising Stars in Revenue Growth

Top 10 Leaders in India by Employee Presence

Best 20 Companies by Service Offered in CRM

The Global Outsourcing 100 and its sub-lists serve as essential reference guides for companies seeking new and expanded relationships with the best companies in the industry. The lists includes companies from around the world providing the full spectrum of outsourcing services – not just information technology and business process outsourcing, but areas such as facility services, real estate and capital asset management, manufacturing, and logistics.

"The awards continue to recognize our growth. The special recognition in CRM segment is especially heartening given our focus in that area" said Sudhakar Gorti, CEO, Proteans Software Solutions

The Global Outsourcing 100 seeks to recognize those outsourcing service providers that have demonstrated the highest levels of ability and achievement throughout the industry. The selection process is designed to consider many of the same criteria that a customer would take into account when evaluating service providers. Specific criteria considered included financial health, employee growth, global reach, customer satisfaction, depth and breadth of competencies, employee capabilities and management accomplishments. The final ranking was carefully created by a panel of recognized leaders in outsourcing, chaired by Jagdish Dalal, Managing Director of Thought Leadership at IAOP.

About Proteans
Proteans is an industry leader in Outsourced Product Development space catering to technology companies globally. Proteans has a strong experience in building customer centric product teams on Microsoft.NET and J2EE platforms for web applications, desktop applications, enterprise products and mobility solutions. Proteans utilizes best practices in global sourcing to deliver superior products for its customers. Proteans offers acceleration in the development velocity, compresses release timelines, brings rich design and coding expertise, and gives significant cost advantages. Proteans is a Microsoft Certified Gold Partner and ISO 9001:2000 certified company. Proteans recently merged with CAMO ASA, a global statistical software and IT consulting firm. For more information, visit www.proteans.com